I finally decided to take the plunge into digital cameras after by two faithful Pentax's finally gave up the ghost. I did a lot of research looking for a camera with the right combination of quality, features and price.
Having used other peoples point-and-shoot camera's I was disappointed with AF ability, and wanted to ensure I had a manual focus override - the FZ-10 has it. I also do a lot of sports photography, so I needed a camera with shutter-priority - the FZ10 had it (in addition to aperture priority and fully manual options). I also needed a camera with a reasonable f range, and the 2.8-8 available with this camera met my needs and seems better than most others. Finally the 12x optical zoom with image stabilization means I no longer need to carry a bulky 400mm lens and tripod.
I have only had the camera a week and already love it. The color rendition is superb, the exposure bracketing works really well, the macro produces superbly sharp pictures, the image stabilisation really works and I have enlarged pictures up to 10x8 with no noticeably digitization. In fact, I believe the quality of images I am getting are better than with my old film camera. The spot-focus mode is tremendously useful for portrait work.
Of course I do have a few gripes.
(a) The manual focus assist is not as good as the split-ring system on my old camera and I have now turned this off,
(b) I would prefer to be able to go down to f/16 (and I will be buying a neutral density filter to overcome this problem),
(c) it doesn't store images in raw format (only jpeg),
(d) the supplied 16MB card is too small to be of any real use (but hell it's only there to get you going),
(e) I would prefer to be able to use non-propietary batteries (but given the relatively modest cost of the camera I can live with this and buy a second battery)
(f) The lens cap is not attached and I suspect I will lose it.
Others complain about the fact that you can't access the SD card and battery if the camera is mounted on a tripod. This is true, but I also found the need for a tripod much reduced. I have not had a chance yet to try it out in low-light conditions, but I understand this can cause problems.